Sands Capital Alternatives, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 13, 2024), Sands Capital Alternatives, LLC reported 20 stock positions worth $298.6 million. Its top holding was Nu Holdings Ltd./Cayman Isl-A (NU) at 31.6% of the portfolio, followed by Klaviyo Class A (KVYO, 29.3%) and DoorDash Class A (DASH, 15.4%). Compared with Q1 2024, it added to 3 and reduced 7. The biggest buy was Klaviyo Class A (KVYO, shares +0%) and the biggest sale Uipath Class A (PATH, shares −50%).
- Most Recent 13F
- Q2 2026
- Location
- ARLINGTON, VA
- CIK
- 0001846444
- Portfolio Value
- $298.6M (Q2 2024)
- SEC Filing
- 0001020066-24-000007 ↗ filed Aug 13, 2024
Holdings Value
Holdings 20 stocks · $298.6M
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 31.64% | 7,328,294 | $94.5M | Reduce -20.0% |
| KVYO Klaviyo Inc. Class A | 29.31% | 3,516,221 | $87.5M | Add +0.0% |
| DASH DoorDash Inc. Class A | 15.41% | 423,091 | $46.0M | Reduce -19.1% |
| PATH Uipath Inc. Class A | 4.91% | 1,155,246 | $14.6M | Reduce -49.9% |
| SNOW Snowflake Inc. | 4.90% | 108,304 | $14.6M | Reduce -49.8% |
| ACRV Acrivon Therapeutics Inc. | 4.12% | 2,122,605 | $12.3M | Add +28.4% |
| TXG 10X Genomics Inc. Class A | 3.14% | 481,770 | $9.4M | No change |
| ABOS Acumen Pharmaceuticals Inc. | 2.77% | 3,417,075 | $8.3M | No change |
| TARS Tarsus Pharmaceuticals Inc. | 1.55% | 170,000 | $4.6M | No change |
| CADL Candel Therapeutics Inc. | 0.84% | 405,837 | $2.5M | Reduce -50.0% |
| TSHA Taysha Gene Therapies Inc. | 0.54% | 724,873 | $1.6M | No change |
| MASS 908 Devices Inc. | 0.41% | 237,258 | $1.2M | No change |
| SPRB Spruce Biosciences Inc. | 0.14% | 787,007 | $409K | No change |
| CPNG Coupang Inc. | 0.08% | 11,931 | $250K | No change |
| ABSI Absci Corp. | 0.06% | 57,804 | $178K | No change |
| IOT Samsara Inc. Class A | 0.05% | 4,239 | $143K | Add +18.7% |
| DDOG Datadog Inc. Class A | 0.04% | 1,015 | $132K | No change |
| TOST Toast Inc. Class A | 0.04% | 4,945 | $127K | Reduce -16.9% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.03% | 221 | $85K | Reduce -20.8% |
| GTLB Gitlab Inc. Class A | 0.01% | 658 | $33K | No change |
Portfolio Sells Q1 2024 → Q2 2024
| PATH Uipath Inc. Class A | Reduce -49.9% | 4.91% | −7.69 |
| SNOW Snowflake Inc. | Reduce -49.8% | 4.90% | −3.50 |
| DASH DoorDash Inc. Class A | Reduce -19.1% | 15.41% | −1.96 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -20.8% | 0.03% | +0.01 |
| TOST Toast Inc. Class A | Reduce -16.9% | 0.04% | +0.01 |
| CADL Candel Therapeutics Inc. | Reduce -50.0% | 0.84% | +0.53 |
| NU Nu Holdings Ltd./Cayman Isl-A | Reduce -20.0% | 31.64% | +5.30 |
Portfolio Buys Q1 2024 → Q2 2024
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 24 | $613.5M | ALMR, NU, KVYO, BBNX, SGP |
| Q1 2026 | 21 | $421.2M | NU, KVYO, SGP, BBNX, IKT |
| Q4 2025 | 20 | $518.5M | KVYO, NU, BBNX, IKT, DASH |
| Q3 2025 | 20 | $456.4M | NU, KVYO, BBNX, CPNG, DASH |
| Q2 2025 | 19 | $507.8M | KVYO, NU, DASH, BBNX, CPNG |
| Q1 2025 | 20 | $408.9M | KVYO, NU, DASH, BBNX, IKT |
| Q4 2024 | 21 | $459.7M | KVYO, NU, DASH, IKT, CPNG |
| Q3 2024 | 20 | $355.8M | KVYO, NU, DASH, BIOA, ACRV |
| Q2 2024 | 20 | $298.6M | NU, KVYO, DASH, PATH, SNOW |
| Q1 2024 | 20 | $414.7M | NU, KVYO, DASH, PATH, SNOW |